Only
deal with Canadian bank accounts that already have merchant accounts
setup. Do not interface with banks outside of Canada.
Canadian banking different because they must have only one type of
credit card account. This prevents a monopoly from forming in
banking.

Must
have U.S. bank account and merchant account. "U.S."
means that in the tax code, not in the Constitution. Need SSN
or EIN. If sole proprieter SSN. Can't apply without SSN.
Compatible with six diff. processing systems.

Electronic payments using egold accounts only. Very good
programming interface that has extensive currency conversion
capabilities. Little ID required. A Nevis (offshore)
company. Redemptions handled by G&SR, which is a Delaware
Corp. Started in 1996.

Offer
merchant accounts and are required. Use Firstpay.net.
Can do international as well. Service nonprofits. Three
tiers for trans rates: 2.4%, 3%, 3.85%. If cc transaction is
corporate or purchasing card, goes through 3.85%. Merchant
identification requires state-issued picture ID like driver's
license. Require SSN or TIN for Primaries of
organization. That derives from banks and internally.
Only deal with banks in U.S. Go with Key Bank
(interstate). Handle smaller merchants.

To
setup merchant account and payment gateways. Owners need U.S.
business address and U.S. deposit account and SSN. No social
if nonprofit organization. Must have 501(c ) designation
and/or financials if non-profit. Banks require this, not
them. Work with 3 or 4 banks. Have setup a few churches
but all were 501(c ). Around since 1996. Have own
payment gateway.

Several
merchant account types. Canadian only company. Can
interface with any bank, including those outside the country.
Merchant must be based in Canada to have account with them.
Deal with 84 countries in the world, and most do their own merchant
accounts for their own residents. Provide merchant account and
transaction gateway service. Must disclose information about
organization. Must have website. Test websites before offer
services. Use PaymentTech for merchant account.

They
service 400-500 companies that sell merchant accounts for
them. Must have a U.S. SSN. Merchant must be based in
U.S. Merchant must have SSN or TIN and U.S. bank acct, which
is acct that is transferred into. Company policy.
Someone must have SSN on application. You can use their
international processor. Can put up capital to eliminate risk
so that no underwriting is necessary, in which case number not
needed. Web-based transaction viewing system and produces PDF
reports. Can filter by buyer or name. Work with Chase
Manhattan as underwriting bank. iTransact uses them.
Tons of agent offices.

VISA
and Mastercard will require people in the U.S. to have Tax ID
number. Processing credit cards is a privilege and not a right
and they call the shots. Don't offer non-U.S. (federal zone)
merchant accounts. VISA and Mastercard report revenues.
VISA and Mastercard and U.S. based and most rules are company policy
and not federal law. They require SSNs because they advance
money to merchant accounts before money clears. VISA and
Mastercard are not competitors, but part of same company, which is
VISA International. Merchant account is with iPayment, which
is a representative bank of JP Morgan/Chase. Require a
principal to sign, who would need TIN or SSN. Around since
1994. Several members are Mormon.

Royal
Bank and Bank of Montreal owns both offices. Bank or Montreal
owns Harris Bank.

Merger
between Royal Bank and Bank of Montreal. Offer VISA and
Mastercard accounts. Use Authorize.NET and Peradata E-select
as gateways. Quotes are for E-Select. Authorize.Net fees
are $99 application and per transaction is 30cents/transaction,
otherwise the same. Give VISA/MC merchant #, gateway use for
CC processing. Hosted pay page included. Merchant acct
hosted through Moneris and gateway through E-Select. Bank is
Montreal is parent bank. Harris Bank is owned by Montreal
Bank. Also outsource to Flagstar, First National, Suburban
Banks. Bank must be in U.S. No territories, just
state. Identification requires Articles of Incorporation,
photocopy of DL of principal owner, photocopy of voided check,
business license, financial statements if in business over 1
year. For nonprofits in U.S., need accountant-prepared
financials, properly prepared Master Resolution, officer's
name. Master Resolution needs to depict the
Secretary or Asst Secretary or the Presider. Need their name,
signature, and SSN or TIN. Company must be registered in 52
states. Resell other merchants. Merchant account and
account that transfers into would be in U.S. If company has
buffer account, it violates VISA/MC agreement.

Gateway,
but can also help with merchant accounts. VISA/Mastercard have
global crossborder regulations. Bank must be in same country
as the company. If merchant bank is in U.S., then company must
be there as well. International accounts require min. $35K
monthly volume. Want 6 mo. strong processing history to
show. Compatible with processing platforms, not banks.
VISA requires merchant, checking accts to in same country as
company, and officers must be in same country. Optional fraud
scrubbing, which is 10 cents/transaction. Also offer ACH
processing, which is 3.25% plus 40 cents/transaction plus $20/month
fee. Platforms include: FDR type 1 and 0, VISANet,
Vital, Nova, SureFire, CardSystems/Maverick, Global Payment Systems,
Wirecard, ECBP. To open merchant account, require application,
voided check, driver's license, proof of business, articles of
incorporation.

Works
through Costco Wholesale. Second largest merchant provider in
the United States. Authorize.Net along with Verisign, ICverify,
and PCcharge all work with them. Provide merchant
account. Only in United States. Requirements: Products
and prices must be listed, return policy, privacy policy, cust.
service phone number, Security certificate, domain registered to
merchant or business. Application is credit-based
application. Owner/officer sign application. Must have
501(c ) status as a nonprofit.

Canada
and U.S. Destination account must be in same country as
business/organization. In order to deposit the funds.
InternetSecure, Paysystems, and Worldpay all own the merchant
account, not you. Use PaymentTech for merchant account.
Rolling reserve is 5% for 90 days. This is in place of
security deposit. Not a way to obtain own merchant account
without having a bank account in name of company that is registered
in country of Canada. Banks issue merchant accounts.
Approval up to them. In Canada, use PaymentTech, which is a
div. of Scotia and Citibank. In U.S., use Humboldt, Harris,
and Bankcorp.

Part
of eCommerce Exchange and a subsidiary of it. Also synonymous
with Wonderpay. Only do business in United States. Need
U.S. SSN and U.S. bank account and U.S. address. Need website
active, processing volume. Wonderpay processes transactions,
and it costs $1695 or 36 pmts of $64.95. Link cart into
merchant account. SW encrypts with 128 bit. Transactions
take 2 days. Login to Wonderpay.com to check
transactions. Can also do manual transactions over web.
Normally target home based businesses.

Can
only work with U.S. banks. No out-of-country banks. Must be a
"U.S. citizen" and have a SSN. TIN not
sufficient. Run credit check on you. Process with Chase
Manhattan and they have the "U.S. citizen"
requirement. Have a Canadian affiliate called
Durango Payment Systems at 970-259-8660. Go through iPayment
as underwriter at 800-554-4777. Do about 750 new accounts per
month. Provide a merchant account which is mine.
Transfer occurs within 1-2 days after transaction. SW batches
all transactions at prescribed times. iPayment has $10 monthly
statement fee plus $10 gateway security fee, which provides SSL
encryption for order page.

Can
bring in as sole proprieter. Can list more than one
principal. Provide merchant acct and payment gateway.
Fraud protection and recurring billing solution. Owned by
Royal Bank of Scotland. Homebase in UK. Have master
merchant status. Shoppers anywhere. Merchant account has
to be in same country as business is registered. Don't
outsource anything. They provide merchant account and
gateway. Signup is really easy and fast: 3-7 business
days. Wire funds to any bank account. Can service
merchant accounts globally. Provide online transaction
management. Can dump into CSV format. To open account,
need balance sheet, copy of photo ID of a principal, contract.
Need CC to bill monthly payments to until transactions occur.
No rolling reserve requirement initially, but may be required based
on risk. Rolling reserve can be 5-15% rolling reserve.
<1% charge-back rate preferred. Require SSN or SIN.
Run credit-check. Require govt issued-ID. Can provide
service without SSN/SIN. Eventually will require SSN but not
now. Govt law requires them to know their customer. Can
open merchant account anywhere. No Canada offices or merchant
accounts.